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Sri Wangsaria, Bangsar

Sri Wangsaria is a medium density condominium nestling in luscious living of Bangsar. Despite of its location in the bustling Bangsar territory, one can expect a relaxing and peaceful living after a step into the compound. This condominium is near to The Ara, The Loft, Contessa, Casa Vista, and Araville.

Sri Wangsaria is just a few minutes away from Bangsar’s commercial area of Jalan Telawi and Bangsar Shopping Center. You can easily access to numerous amenities and posh shopping malls including Bangsar Village, Bangsar Shopping Centre and Mid Valley Megamall for shopping within minutes of driving.

Long lines of bars and pubs await party goers around the same Telawi area. Furthermore, It is also near to hospitals such as private-owned Pantai Medical Centre which located at Jalan Bukit Pantai and public’s Universiti Malaya Medical Centre (UMMC). In terms of education, there are Sekolah Kebangsaan Bukit Bandaraya and Sekolah Menengah Kebangsaan Bukit Bandaraya.

For sports enthusiast, you can drop by at Bangsar Sports Complex that houses a multipurpose hall with badminton courts as well as squash, tennis, basketball and badminton courts. If you are into golf, there are two golf clubs namely KGPA and KLGC located along SPRINT highway, and Tropicana Golf and Country Resort and Sri Selangor Golf Club which not very far from Bangsar vicinity.

Property Details

  • Name: Sri Wangsaria Appartments
  • Address: Jalan Ara, Bangsar, Kuala Lumpur
  • Completion Date: 1984
  • Type: Condominium
  • Tenure: Freehold
  • No. of Blocks: 5
  • No. of Storey: 18
  • Built-up: 648 – 2,437 sf
  • Subsale Price: RM650,000 - RM1,618,000
  • Rental: RM2,000 - RM7,000

Layouts

  • High Rise
    • 2-bedroom – 1,362 sf
    • 3-bedroom – 1,358 to 1,455 sf
    • Penthouse – 2,437 sf
  • Low Rise
    • Studio – 648 sf
    • 1-bedroom – 858 sf
    • 3-bedroom – 1,500 to 1,900

Facilities

  • 24-hour security and reception
  • Gymnasium
  • Mini market
  • 2 x Tennis court
  • 2 x Squash court
  • Swimming pool
  • Restaurant
  • Dance Hall

Market Trends

Analysis

Sri Wangsaria is one the oldest condominiums in Bangsar. However as location goes, it is one of the most strategically located condominium in Bangsar. It provides an unblocked view of the KL Skyline as well as quick access to many of the localities. It is also one of the very few condominiums that has a 24hour reception in the lobby as well as the usual 24hr guard patrol which gives you additional security as a resident or a guest.

For access in and out of the area, there are many highways and main federal roads that allow motorists to access any part of Kuala Lumpur and Petaling Jaya. This means a 10 minute drive to Kuala Lumpur city centre and 5 minute drive to Mont Kiara. Motorists can also access quickly the New Pantai Expressway (NPE) heading to Jalan Klang Lama, Bandar Sunway and Subang Jaya.

Being right in the heart of Bangsar means you are literally a stones throw away from the nearby shopping centres, Bangsar Shopping Complex, Bangsar Village and Mid-Valley Megamall. The Sprint Expressway which is 1 minute drive away connects to Bukit Damansara, Jalan Duta, Desa Sri Hartamas, New Klang Valley Expressway, Damansara-Puchong Expressway (LDP) and several suburbs in Petaling Jaya.

One can expect rental yields to be close to 5% which is quite high given the current supply of condominiums in other parts of Kuala Lumpur. This is because there is almost no more land in Bangsar to build high density condominiums anymore. Therefore property prices at Sri Wangsaria will go up purely based on the lack of future supply in the area at the current price as more local residents move from terraced houses to condominiums.

Albeit not a new condominium, Sri Wangsaria is a great place to stay due to the fantastic maintenance of the building and the extra security, local restaurant, laundrette, tennis / squash court and gym within the grounds. Snap up any units on offer quickly as they don’t stay on the market for long.

Find Me Good Deal @ Sri Wangsaria